Friday, July 4, 2008

Household Income in the USA from Wikipedia Encyclopedia

http://en.wikipedia.org/wiki/Household_income_in_the_United_States

Income by state

An average California home in Salinas, CA. In 2004, California was the most expensive state in the nation[50] and had a median household income of $49,894 (rank 13).[51]The median household income by state ranged from $34,343 or 28% below national median, in Mississippi to $66,752 or 39% above national median, in New Jersey. Connecticut, which is often referred to as the nation's wealthiest state,[52] came in at number four with a median household income of $60,551. California which had the highest median home price in the nation,[50] where home prices have far outpaced incomes[53] only ranked eleventh with a median household income of $54,385.[51] While California's median income was not near enough to afford the average California home or even a starter home, West Virginia, which had one of the nation's lowest median household incomes also had the nation's lowest median home price.[50][51] The northeastern states, more specifically those located in New England, as well as the West Coast had the highest median household income. Of the top fifteen states, all were located in the Northeast and West, with the exception of Minnesota which ranked eighth and Wisconsin (15th).

The southern states had, by far, the lowest median household income, with nine out of the country's fifteen poorest states being located in the South. It should be noted, however, that most of the poverty in the South is located in the Black Belt region. Metropolitan areas such as Atlanta, Nashville, Raleigh-Durham, Birmingham, Dallas, Houston, Miami, to name just a few, are areas within the southern states that have above average income levels. Overall, median household income tended to be the highest in nation's most urbanized northeastern, upper midwestern and west coast states, while rural areas mostly in the southern, and mountain states had the lowest median household income.[51]

State Rank Median household income (2006 dollars)
New Jersey 1 66,752
Maryland 2 63,082
Hawaii 3 61,005
Connecticut 4 60,551
New Hampshire 5 60,441
Alaska 6 57,071
Massachusetts 7 56,592
Minnesota 8 56,102
Utah 9 55,619
Virginia 10 55,368
California 11 54,385
Colorado 12 53,900
Washington 13 53,515
Delaware 14 52,676
Rhode Island 15 52,421
Vermont 16 52,174
Nevada 17 51,036
Illinois 18 49,328
Wisconsin 19 48,903
Nebraska 20 48,820
New York 21 48,472
Georgia 22 48,388
Pennsylvania 23 48,148
Iowa 24 48,075
Michigan 25 48,043
United States national median ($ 48,023)
District of Columbia 26 47,473
Arizona 27 46,693
Wyoming 28 46,613
Oregon 29 46,349
Idaho 30 45,919
Ohio 31 45,776
Maine 32 45,503
Florida 33 45,038
South Dakota 34 44,996
Indiana 35 44,618
Missouri 36 44,487
Kansas 37 44,478
Texas 38 43,044
North Dakota 39 42,311
North Carolina 40 41,616
Tennessee 41 40,696
South Carolina 42 40,583
New Mexico 43 40,126
Montana 44 39,821
Oklahoma 45 38,859
Kentucky 46 38,694
Alabama 47 38,160
West Virginia 48 38,029
Louisiana 49 37,472
Arkansas 50 37,458
Mississippi 51 34,343

SOURCE: US Census Bureau, 2005/06[54]

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